LOS ANGELES, Calif. – Payment services provider and payment gateway Centrobill has announced the release of “Centrobill MAX,” a suite of tools the company described as “an expanded toolkit with three new cutting-edge features to boost sales, increase transaction approvals, and cut processing fees.”

“Centrobill has been partnering with high-risk merchants for over a decade, helping them navigate their industries’ unique obstacles and objectives,” the company added. “Now, many businesses can level up payment processing by leveraging the new Centrobill MAX.”

According to the announcement, the three new features include “Smart Routing,” which “maximizes successful approval rates by analyzing past transaction data when selecting payment processors for each deal;” the “Card Updater” which “prevents declines by predicting expiration patterns and alerting merchants to update saved card data before auto-renewals occur;” and the “Rebill Optimizer,” which “uses optimal times, frequencies, and number of retry attempts to minimize failed transactions and avoid bank penalties.”

Centrobill said that as with their platform’s other core features, the new tools are “engineered with proprietary algorithms trained on industry-specific historical data, offering its partners dynamic workflows based on predictive forecasting.”

“The Centrobill MAX is more than just payment tools, it’s a comprehensive strategy for growth,” said Chris Tisdall, Chief Sales Officer at Centrobill. “Merchants can expect up to 30% more revenue and a 10% reduction in fees, with no upfront costs.”

In the announcement, the company touted its strong start to the new year, vowing that Centrobill’s “R&D teams aren’t stopping there.” Tisdall added that the “next few years will see the rollout of more advanced payment features as Centrobill strives to become the ‘revenue hub for merchants.’”

For more information on Centrobill and the services offered by the company, go to Centrobill.com and follow them on X @Centrobill and Instagram @centrobill.